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NAR Update on FinCEN BOI 12/28/24 at 2:52 pm FinCEN Beneficial Ownership Information Rule Update – Injunction Reinstated 12/26/24 On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit, en banc, reinstated the nationwide injunction halting further implementation and enforcement of the Corporate Transparency Act (CTA). The current order also prevents the… Continue Reading 1/6/25: FinCEN BOI Registration on Hold as of 12/28/24, Update: Alert About Scams, Charges

FinCEN Beneficial Ownership Information Rule Update - Injunction Reinstated 12/26/24 On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit, en banc, reinstated the nationwide injunction halting further implementation and enforcement of the Corporate Transparency Act (CTA). The current order also prevents the Financial Crimes Enforcement Network (FinCEN) from enforcing the Beneficial… Continue Reading NAR Update on FinCEN BOI 12/28/24 at 2:52 pm

SCR is updating the forms libraries. https://screaltors.org/wp-content/uploads/Forms/110.pdf LLR SCREC approved the updated SCDREBR on 12/11/24 and posted on 12/19/24. Always properly use SCR110 (e.g., explain, sign, copies) whenever you communicate orally or in writing with a consumer about real estate and before you show properties (e.g., in person showings, virtual showings) to comply with license… Continue Reading New LLR SCREC SCDREBR aka SCR110 posted LLR and SCR

LLR SCREC Posts Updated SCDREBR aka SCR110 https://llr.sc.gov/re/recpdf/Doc170%20SC_Disclosure_of_Real_Estate_Brokerage_Relationships.pdf SCR legal video on this issue: https://www.youtube.com/watch?v=beqJDN3e838 On Thursday Dec 19, 2024, the LLR SCREC posted their updated SCDREBR aka SCR110. The SCR forms libraries are currently being updated for this update. On Wednesday Dec 11, 2024 the REC voted unanimously to approve an updated version of… Continue Reading LLR SCREC Posts Updated SCDREBR aka SCR110

https://www.nar.realtor/videos/risk-management-webinar-series/2025-nar-insurance-program-overview This information is only accurate as of 12/16/24. You must contact SCR for updates and changes to this information after 12/16/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide… Continue Reading NAR’s Insurance Webinar

https://www.maynardnexsen.com/publication-fincen-announces-compliance-with-cta-is-voluntary-following-nationwide-injunction This information is only accurate as of 12/09/24. You must contact SCR for updates and changes to this information after 12/09/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide… Continue Reading FinCen, News, Voluntary During Court Injunction, Filing

https://llr.sc.gov/re/News/Wholesaling-Assignment-of-Contracts-Guidance.pdf This information is only accurate as of 12/09/24. You must contact SCR for updates and changes to this information after 12/09/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide… Continue Reading LLR SCREC on Wholesaling

NAR on FinCEN BOI, court hold: On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction enjoining the federal government from enforcing the Corporate Transparency Act (CTA). This means the Financial Crimes Enforcement Network (FinCEN), as part of the Treasury Department, cannot currently enforce the Beneficial… Continue Reading NAR: FinCEN BOI Court Hold, NAR Webinar December 10th, Beware Huge Filing Fees, Contact HOTLINE ASAP